Sunrun Inc. (NASDAQ:RUN) went up by 2.00% from its latest closing price compared to the recent 1-year high of $39.13. The company’s stock price has collected -4.17% of loss in the last five trading sessions. Barron’s reported on 11/15/22 that Sunrun and Other Solar Stocks With Strong U.S. Presence Are a Buy, Analyst Says
Is It Worth Investing in Sunrun Inc. (NASDAQ :RUN) Right Now?
Sunrun Inc. (NASDAQ:RUN) scored a price-to-earnings ratio above its average ratio, recording 90.14 x from its present earnings ratio. Plus, the 36-month beta value for RUN is at 2.28. Opinions of the stock are interesting as 18 analysts out of 26 who provided ratings for Sunrun Inc. declared the stock was a “buy,” while 3 rated the stock as “overweight,” 5 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $46.43, which is $19.3 above the current price. RUN currently public float of 204.65M and currently shorts hold a 15.04% ratio of that float. Today, the average trading volume of RUN was 7.23M shares.
RUN’s Market Performance
RUN stocks went down by -4.17% for the week, with a monthly drop of -4.63% and a quarterly performance of 27.25%, while its annual performance rate touched -6.32%. The volatility ratio for the week stands at 6.47% while the volatility levels for the past 30 days are set at 6.13% for Sunrun Inc. The simple moving average for the period of the last 20 days is 3.42% for RUN stocks with a simple moving average of -4.43% for the last 200 days.
Analysts’ Opinion of RUN
Many brokerage firms have already submitted their reports for RUN stocks, with Wells Fargo repeating the rating for RUN by listing it as a “Overweight.” The predicted price for RUN in the upcoming period, according to Wells Fargo is $32 based on the research report published on January 06th of the current year 2023.
Janney, on the other hand, stated in their research note that they expect to see RUN reach a price target of $30. The rating they have provided for RUN stocks is “Neutral” according to the report published on December 01st, 2022.
Deutsche Bank gave a rating of “Buy” to RUN, setting the target price at $36 in the report published on November 15th of the previous year.
RUN Trading at -7.32% from the 50-Day Moving Average
After a stumble in the market that brought RUN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -33.66% of loss for the given period.
Volatility was left at 6.13%, however, over the last 30 days, the volatility rate increased by 6.47%, as shares sank -0.92% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.19% upper at present.
During the last 5 trading sessions, RUN fell by -4.17%, which changed the moving average for the period of 200-days by -22.21% in comparison to the 20-day moving average, which settled at $25.09. In addition, Sunrun Inc. saw 8.08% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at RUN starting from Abajian Danny, who sale 199 shares at the price of $22.02 back on Jan 06. After this action, Abajian Danny now owns 148,149 shares of Sunrun Inc., valued at $4,381 using the latest closing price.
Dickson Paul S., the Chief Revenue Officer of Sunrun Inc., sale 178 shares at $22.08 during a trade that took place back on Jan 06, which means that Dickson Paul S. is holding 154,358 shares at $3,930 based on the most recent closing price.
Stock Fundamentals for RUN
Current profitability levels for the company are sitting at:
- -40.08 for the present operating margin
- +14.34 for the gross margin
The net margin for Sunrun Inc. stands at -4.93. Equity return is now at value 1.10, with 0.40 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.53.